i-80 Gold Nevada Gold Projects Development

under construction

i-80 Gold operates a portfolio of five gold projects in Nevada targeting over 600,000 ounces annual production by early 2030s. The projects include Granite Creek Underground, Archimedes Underground, Cove Underground, Granite Creek Open Pit, and Mineral Point Open Pit. The development plan is phased with production ramp-up from 2028 through 2032+, supported by existing infrastructure including the Lone Tree autoclave processing facility. The projects have a combined after-tax NPV of $1.6 billion at $2,175/oz gold and $4.9 billion at $3,000/oz gold. Capital requirements total approximately $700 million, with $92 million allocated for construction, drilling, permitting, and technical studies in the next 12 months. Permitting and feasibility studies are underway, with steady-state production expected at Granite Creek Underground by H1 2026 and Archimedes production starting late 2026 or early 2027. The Lone Tree autoclave refurbishment is planned for commissioning in 2028.